Samsung Commercial Vehicles Logo PNG
Samsung Commercial Vehicles is not a standalone entity but falls under the umbrella of Renault Samsung Motors, a subsidiary of the Renault Group. The primary owner is the Renault Group, which acquired the majority stake from Samsung Motors in the late 1990s. The company primarily operates in South Korea but also exports to various international markets. It specializes in manufacturing passenger cars rather than commercial vehicles.
Meaning and history
Samsung Motors was founded in 1994 but later sold a majority stake to Renault, leading to the formation of Renault Samsung Motors in the late 1990s. Owned by the Renault Group, the company has its main operations in Busan, South Korea. While the company has achieved success with models like the SM series, it doesn’t specialize in commercial vehicles per se. Renault Samsung Motors is facing stiff competition but remains a key player in the South Korean automobile market.
What is Samsung Commercial Vehicles?
Samsung Commercial Vehicles is not a standalone company; it is generally associated with Renault Samsung Motors, a subsidiary of the Renault Group. Founded in the late 1990s after Renault acquired a majority stake in Samsung Motors, the company is based in South Korea and primarily manufactures passenger vehicles, not commercial ones.
